Archive for October 31, 2013

Good News: Most Neighbors Like Each Other

A recent survey by the real estate classified ads website Trulia found that two-thirds of all Americans like their neighbors. And familiarity breeds contentment: 80 percent of people who know their neighbors’ names generally like them. To...

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Foreclosures Take a Steep Dive in California; Shadow Inventory Is Gone

A pair of housing reports confirms that foreclosures and distressed-property sales have dropped dramatically in California, eliminating the "shadow inventory" that hovered over the housing recovery a year ago. To read the full report, Click ...

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Real Estate Roundup: Controversial San Francisco Condo Development in Voters’ Hands

Of interest to home buyers and home sellers this week, San Francisco voters will get the final say on a contested 12-story condo plan, equity sales were up in the Golden State in September, but pending home sales took a slight slip, bidding w...

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Remodeling Projects Are Expanding — and More Expensive — as Economy Improves

As the economy gets back on track, remodeling projects are becoming increasingly popular, with a recent survey finding that owners are willing to spend 30 percent of the value of their home when they remodel. To read more, Click Here.

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Bay Area Move-Up Buyers: Now Is the Time to Act!

Many would-be move-up buyers have been sitting on the sidelines in recent months, crossing their fingers that the Bay Area’s superheated real estate market will cool. But conditions are about to get tougher – so hesitant move-up buyers sh...

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Pacific Union Quarterly Report: Q3 2013

Home prices remained solid across of all Pacific Union's regions in the third quarter, while inventory slightly expanded in many, offering relief for buyers. Get an in-depth look into market conditions in the Bay Area and Tahoe/Truckee in our...

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Bay Area Market Appreciation: A Glimpse Into the Future

Pacific Union CEO Mark A. McLaughlin weighs in on the John Burns Real Estate Consulting Home Value Index, a forward-looking report that predicts continued home price appreciation in the Bay Area through 2017. Click Here to read more.

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Real Estate Roundup: Silicon Valley Tops List of Priciest U.S. ZIP Codes

Recent news of interest to home buyers, home sellers, and the home-curious includes a report from Forbes that four Bay Area ZIP codes are among the nation's top 10 most expensive real estate markets. Also, analysts say the superheated U.S. ho...

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Rooftop Solar Panels in California More Affordable Than Ever

Prices for residential solar-power systems have dropped more than 25 percent over the past two years. Together with new financing options, solar power is more affordable than ever for California homeowners. To read more, Click Here.  

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California Realtors Forecast Healthy Growth in 2014

The California Association of Realtors predicts that home-sales volume in the state will rise 3.2 percent in 2014 and the median sales price will increase by 6 percent. And for the first time in several years, real estate markets could open u...

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